Southwest Albuquerque Office Space

Southwest Albuquerque

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 23, 2016

Southwest Albuquerque Rates

On average, listings lease in the $10's per square foot per year. The Southwest Albuquerque submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 7% decline in rent.

Southwest Albuquerque Listing Supply

In the last 90 days, 9 listings have been listed, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,430 sqft. Most properties in this region are around 1 stories. Most buildings in this region were built in 0 and are Class B.

Southwest Albuquerque Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Most of the occupants of Southwest Albuquerque work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Southwest Albuquerque.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Southwest Albuquerque.